A New Dawn.

Transcription

1 A New Dawn

2 The discovery of significant reserves of oil and gas in Israel heralds a new dawn in the Middle East. Universal Oil and Gas invites you to participate in the first major Oil & Gas Conference and Exhibition in Israel. It will take place at the Dead Sea resort area, below the World Heritage site of the mountain fortress of Masada. Israel now has the potential to become second only to Saudi Arabia as an oil producing nation. UOG 2014 will be a unique and historical event that brings together international partners to embrace a new market in Israel that encompasses all areas of the Oil & Gas industry. Our vision is to create a legacy from the event; a footprint that is a step in the journey towards ever increasing prosperity and stability in the region. UOG s innovative Young Ambassador Programme will underpin this ambition. It creates opportunities for skills development and knowledge transfer between partners who recognise the significance of what will follow in the light of this new dawn. Join us on the journey. Introduction Michael Beagelman Chief Executive Officer Universal Oil & Gas June / 2

3 A transformational change in the Eastern Mediterranean region There have been previous false dawns in predictions around reserves of oil and gas in Israel. New exciting discoveries and developments have been made that change that. Proven hydrocarbon reserves underpin the widely held belief that Israel will become a leader in the global energy sector. The UOG 2014 Conference and Exhibition will take delegates on a journey that encompasses history, discovery and vision to highlight the potential of Israel as a future energy power. As an international event it will bring together keynote speakers and global leaders in the Oil and Gas Industry, to create a universal awareness of the scale of the Israeli discoveries. In turn this will encourage investment, partnerships and progress in Israel and the region. It is a must attend event. Uniquely in the region, UOG 2014 will provide cross-cultural platforms to meet, discuss and share knowledge and expertise among participants from around the world and in particular from energy provinces in the United States, Scotland and Norway. Furthermore it will encourage opportunities for international oil and gas companies to develop a new market in Israel that encompasses every sphere of the sector. Introduction 2 / 2

4 Can Israel really become an energy giant? The answer from acknowledged experts and respected industry bodies is a resounding YES! Proven onshore Oil Shale reserves are conservatively estimated to total over 250 billion barrels of shale oil. Once in production, these alone will place Israel reserves as second only to those of Saudi Arabia. Israeli scientists have developed revolutionary technology of extracting oil from oil shale using underground heating that requires less water and as a consequence, has far less impact on the environment. As well as unconventional oil, Israel is proposing to drill deep water exploratory wells below the Leviathan gas field targeting 1.5 billion barrels of crude oil. If successful this could lead to even more crude oil discoveries. Leviathan Field: Noble Energy probing 6,500 metres (4 miles) below the Mediterranean seabed using advanced subsea technology. Expected results to be apparent late Location: 130 km (81 miles) offshore west of Haifa. Shfela Basin: Oil shale deposits discovered; Estimated yield of 250 billion barrels of shale oil; a substitute for crude oil. Officially estimated by World Energy Council in Location: 50km (30 miles) to south west of Jerusalem. Discovery Rosh Ha ayain: Estimated 1.5 billion barrels of oil found in Location: 16km (10 miles) in land from Tel Aviv coastline. Sources: Bloomberg, Financial Times, Israel National News, World Energy Council 1 / 5

5 Oil Shale in Israel Discovery Oil Shale Deposits Oil Shale Occurrences Shfela Basin 2 / 5

6 Israel s Oil Potential Below: Top five oil reserves countries in the world Saudi Arabia Israel (Potential) Venezuela Canada Iran 262, , , , , , , ,000 Barrels (millions) Discovery Sources: CIA-WORLD FACT BOOK DATA, World Energy Council 3 / 5

7 Natural Gas findings in Israel Proven natural gas reserves, totalling some 30 trillion cubic feet in both the Tamar and Leviathan fields in the Levant Basin, can meet Israel s total energy needs for the next 100 years. As well these significant findings, the Karish field was discovered in July 2013 with an estimated 1.8 trillion cubic feet of natural gas. On 30th March 2013, natural gas was pumped for the first time from the Tamar Field, onshore at Ashdod and is currently running at full capacity. This turnaround from discovery to delivery in just 4 years highlights Israel s formidable energy potential. Karish Tamar Leviathan Karish Field: Discovered in May Estimated reserves of 1.8 trillion cubic feet (TCF). Estimated 13 million barrels of crude oil. Location: 100km (62 miles) west of Haifa, Israel. Leviathan Field: Discovered in June Estimated reserves of trillion cubic feet (TCF). Location: 130km (81 miles) west of Haifa, Israel. Tamar Field: Discovered in January Estimated reserves of 9-10 trillion cubic feet (TCF). Location: 90km (56 miles) west of Haifa, Israel. Discovery Gas field Sources: US Geological Survey (USGS), Bloomberg, Reuters, 4 / 5

8 Key Oil and Gas companies already established in Israel Israeli Players Adira Energy AGR Energy AS GGR Alon Natural Gas Avner Oil Exploration LP Cassal Drilling Ltd. Delek Drilling LP Glob Exploration (Y.C.D) Limited Partnership Israel Energy Initiatives Ltd (IEI) Israel Opportunity Energy Resources, LP Nammax Oil and Gas Ltd. Modiin Energy, LP Noble Energy Ratio Oil Exploration (1992) LP Shemen Oil Zion Oil and Gas Discovery International Players Noble Energy Woodside Petroleum AGR Energy AS CDC Caspian Drilling Company Ltd. Adira Energy GGR 5 / 5

9 The Conference and Exhibition The Event UOG 2014 will take place in a purpose-built Conference and Exhibition Centre in a magical location at the Dead Sea, below the UNESCO World Heritage site of Masada mountain. It will run from Monday 17th November Thursday 20th November Outline Programme: Sunday arrivals - Friday departures 4 Day Conference and Exhibition (5 nights) delegates expected Presentations throughout the day from key note speakers and sponsors Exhibition time for sponsors & delegates Houston-Aberdeen-Israel Coffee Connections Live Video Event One-on-one personal appointment programme for international delegates Sponsored Lunches & Coffee Breaks and Evening Social Program Welcome Cocktail & Dinner Events at Official Dead Sea Hotels Specialist Industry Dinners & Seminars Dead Sea Spa Evening (showcasing the Dead Sea) Moroccan Village style Gala Finale Dinner for all delegates and sponsors to conclude the event 1 / 4

10 Purpose-built Conference and Exhibition Centre The innovative Swiss-German modular structure will be built over two floors to encompass a fully functional Conference Centre and Exhibition Space along with catering and lounge areas for delegates. The Event 2 / 4

11 Conference and Exhibition Centre Location: Masada, Dead Sea The Event 3 / 4

12 Be among the first to profit from this unique opportunity During five dynamic days in the UOG 2014 Conference and Exhibition Centre, your company can showcase its products, technologies and services to procurement specialists in the new Israeli Exploration & Production Industry. As an exhibitor you automatically have access to all the benefits accorded to Conference Delegates. Moreover as an exhibiting company at UOG 2014, you can network with important clients and make valuable new business contacts. Be part of what will become the region s most influential oil and gas exhibition and conference. The Event For tailor-made exhibition packages please contact: Joshua Beagelman E: joshua.beagelman@universaloilgas.com T: +44 (0) / 4

13 Leveraging a new era of collaboration to benefit the East Mediterranean region and the world UOG 2014 aims to create a legacy; a clear and dynamic footprint to move forward to develop the Oil & Gas industry in the East Mediterranean region and the world. It is the first chance for leading international Oil & Gas companies and financial global institutions to meet together in Israel in a spirit of partnership. In so doing, they will be participating in a unique opportunity to benefit from entering this new and exciting market. Partnership Doing Business In Israel Unlike many other emerging energy markets, business in Israel is conducted with transparency and good governance: Contract law is similar to that in the European Union and North America There are no currency exchange control restrictions The legal system is free and fair Israel is recognised by Transparency International as being among the least corrupt countries in the world Highly educated workforce Existing highly developed infrastructure One of the global leaders in advanced and innovative technology

14 A game changing event to inspire future generations, whatever their nationality UOG 2014 will pioneer a unique and innovative Young Ambassadors programme, Transforming Futures This will encompass a Schools Challenge and University Programme aimed at helping to fill the Skills Gap in the Oil and Gas Industry. Young people from participating countries will be selected to be involved in the Event. A key role for them will be looking after delegates and sponsors. This in turn will lead to an opportunity for our sponsors to award internships and placements to our young ambassadors. Integral to that opportunity will be for UOG 2014 to be the catalyst to promote opportunities for universities in Israel to work in collaboration with their peers in the United States and Scotland to develop the skill sets that will be required in order that society as a whole can benefit from the new found riches of the region. Transforming Futures 2014

15 Sponsorship opportunities With an array of unique promotional opportunities before, during, and after UOG 2014, we can help you design the perfect programme to enhance your company s experience. The UOG 2014 Corporate Partnership Programme exposes attendees and businesses to your company and promotes your presence to the industry. This programme includes a variety of promotional campaigns, sponsorship venues, and high-impact opportunities. Sponsorship These include but are not limited to sponsoring: The overall Event The Conference The Exhibition Hospitality Keynote speakers Workshop and Break-out sessions UOG 2014 App Conference TV Entertainment One to one meeting area Young Ambassador programme

16 Address Universal Oil & Gas Ltd Times Square, 3rd Floor, 160 Queen Victoria Street, London EC4V 4BF General enquiries E: T: +44 (0) Media & press enquiries E: T: +44 (0) Delegate, sponsorship & exhibition enquiries UK, Europe, North & South America: Joshua Beagelman E: T: +44 (0) Aberdeen, UK: Alan White E: T: +44 (0) Russia, Ukraine & Middle East: Alexey Obolenets E: T: +972 (0) Pacific Rim (Australasia): Keith Bales E: T: +61 (0) Contact Southeast Asia, East Asia & China: Michael Yee E: T: +65 (0) Universal Oil & Gas Dead Sea 2014 Conference and Exhibition is owned and operated by Universal Oil & Gas Ltd. This presentation is copyright to Universal Oil & Gas Ltd. All rights are reserved.